Analysis of the performance of Microfinance Institutions: An application to selected institutions in Rwanda - Softcover

Ali, Hamdi; Hategekimana, Uzziel

Softcover

ISBN 10: 3659172677 ISBN 13: 9783659172670

Publisher: LAP LAMBERT Academic Publishing, 2012

Synopsis

Microfinance institutions provide financial services to the poor who are excluded from service by classical banks. In Rwanda, despite of a set back in the year 2006, they have proven to be important players in the economic development through participating in poverty alleviation by providing financial services to the poor class. This research was designed to analyze the success factors in selected institutions in Rwanda. Focus was on analyzing characteristics, services and loan management, strategies and planning, and product design. Furthermore, client characteristics,their feedback evaluation of the institutions in addition to success factors and challenges were studied. Questionnaires were distributed to both managers and clients after using a focus group to validate the questionnaires. It was found that although the institutions have been growing and performing successfully through changing business and life style of their clients, they need to think ahead and plan to develop more products and services to match clients needs. Otherwise, their success may be risked by the stiff competition currently existing in the financial market in Rwanda.

About this title

About the Author

Hamdi F. Ali, Emeritus Professor, Maastricht School of Management;holds PhD,University of Illinois(USA);three designations in Accounting and Finance;has more than sixty publications, books, and conference proceedings.Uzziel Hategekimana has MBA (Maastricht); instructor, School of Finance and Banking; Consultant and Auditor, Ernst and Young

Edition details

• Publisher: LAP LAMBERT Academic Publishing
• Publication date: 2012
• Language: English
• ISBN 10: 3659172677
• ISBN 13: 9783659172670
• Binding: Paperback
• Number of pages: 128